EWS Long Term Growth Framework
Q4 & FY23 Guidance - General Corporate Expense, Capital Spending, D&A, Interest
Expense and Other Income and Expense, excluding non-recurring costs
General Corporate Expense* - 4Q23
Expected to be $107M in 4Q23 compared to 4Q22 of $101 million
General Corporate Expense* - 2023
Expected to be $477M in 2023. General corporate expense was $452
million in 2022
The increase in 2023 is primarily from higher variable compensation
expense and higher depreciation and amortization.
Capital Expenditures (incurred) in 4Q23 are expected to be slightly more
than ~$130M, down from $163M in 4Q22. Capital Expenditures (incurred) in
2023 are expected to be about $580M, down from $617M in 2022
Depreciation and Amortization** in 4Q23 is expected to be $96M, up from
$80M in 4Q22. Depreciation and Amortization** in 2023 is expected to be
$365M, up from $323M in 2022.
Amortization of acquired intangible assets in 4Q23 is expected to be $65M,
up from $62M in 4Q22. Amortization of acquired intangible assets in 2023 is
expected to be $251M, up from $237M in 2022.
Interest & Other Income/ (Expense) in 4Q23 is expected to be $64M, up
from $49M in 4Q22. Interest & Other Income / (Expense) in 2023 is expected
to be $233M, up from $164M in 2022.
*excluding non-recurring costs
** excluding amortization of acquired intangible assets
EQUIFAX
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